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Private Equity Firm AIP Buys Debt on Gupta’s Aluminum Plants Bloomberg 1 hr ago Jack Farchy, Luca Casiraghi and Irene García Pérez (Bloomberg) American Industrial Partners has bought most of the senior debt of two of Sanjeev Gupta’s European aluminum assets, putting it in position to take them over, people familiar with the matter said. The New York-based private equity firm in recent days bought debt linked to Gupta’s Dunkirk smelter in France as well as refinancing the senior debt of the Duffel rolling mill in Belgium, said the people, who asked not to be identified as the deals weren’t public.

United statesSanjeev guptaBloomberg liberty house groupMorgan stanleyIndustrial commercial bankTrafigura groupRio tinto groupHindalco industries ltdGlencore plcStandard bank plcLiberty house groupChina ltdAleris corpIndustrial partnersNew york basedLiberty house group executive chairman sanjeev